CAC supports renewed Gas Tax Fund for municipal infrastructure projects
November 19, 2014 by STAFF REPORT
The Cement Association of Canada (CAC) is commending the federal government for supporting local infrastructure with the renewed Gas Tax Fund.
According to the CAC, the fund’s focus on core civic infrastructure projects will contribute to the social and economic prosperity and health of communities across Canada. And the ten-year renewal of the fund will allow municipalities to plan for the long-term with their infrastructure investments.
The CAC urges all levels of government to use a full lifecycle cost analysis in their procurement decisions for infrastructure projects. This will ensure investments deliver the best possible social, financial and environmental outcomes for Canadian taxpayers.
“We appreciate that governments face a variety of pressures that have often led to decisions being based on securing the lowest initial costs possible, even though these decisions typically result in higher long-term costs,” said Michael McSweeney, president and CEO of the CAC. “But as infrastructure projects are for the long-term, it’s crucial that all levels of government focus on lifecycle assessment to ensure maximum value for Canadians, not only today, but also tomorrow.”
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